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Congolese bank denied freezing order as Travelex seeks restructuring

By Benjamin Clarke

12 May 2020

Congolese bank denied freezing order as Travelex seeks restructuring shutterstock/551021887

A Congolese bank has failed to obtain a freezing order against London-headquartered foreign exchange company Travelex, which owes it US$60 million and is currently undergoing a restructuring in England.